Tuesday, August 29, 2017

All about CA Foundation

The Council of the Institute of Chartered Accountant of India has amended the Chartered Accountants Regulations, 1988 through the Chartered Accountants (Amendment) Regulation, 2016.
As per this amendment from july 2017 the Common Proficiency Course has been discontinued.
According to revised scheme of education and training the students are now required to clear the Foundation exam instead of CPT to enter into CA course.


Eligibility For Registration In CA Foundation Course



According to newly inserted Regulation 25E in the Chartered Accountants Regulations, 1988,
Any student who has appeared in the class 12 exam conducted by an examining body constituted by law in India.
Any student who has appeared in 10+2 equivalent exam may also register for the CA Foundation exam.


Syllabus for CA foundation Course



There are only 4 papers in CA foundation course. They are as follow :-


1st paper - Principles and Practices of Accounting (100 marks)


2nd paper - Business Mathematics and Logical Reasoning & Statistics (100 marks)
part 1 - Business Mathematics and Logical Reasoning (60 marks)
part 2 - Statistics (40 marks)


3rd paper - Mercantile Law & General English (100 marks)
part 1 - Mercantile Law (60 marks)
part 2 - General English (40 marks)


4th paper - Business Economics & Business and Commercial Knowledge (100 marks)
part 1 - Business Economics (60 marks)
part 2 - Business and Commercial Knowledge (40 marks)


NOTE:- 1st & 2nd paper will be subjective and 3rd & 4th paper will be objective.

Fees for CA Foundation Course



S. no.
Details of fees
Fees in rupees
For Foreign student US $
1
Cost of Foundation Prospectus
200
20
2
Foundation Registration Fee
9000
700
3
Subscription for Students’ Journal (For one Year) (Optional)
200
20
4
Subscription for Members’ Journal (For one Year) (Optional)
400
40

Total
9800
780

Passing criteria for CA Foundation


To clear CA Foundation every student have to get at least of 40% marks in each paper, with an aggregate of 50% in all subjects.
Latest: CA Foundation Result May 2019

3 comments:

  1. Thanks for the post. I found some additional information from CPT syllabus article.

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